Chapter 928 Bailout? Enclave

PS: Thanks to the fake Li Dazui

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In one day, the United States was in a mess, and nothing could be done. How could Roosevelt, who had experienced the Great Depression, not know that this was coming again?

Roosevelt introduced the New Deal during the Great Depression of 1930 to provide unemployment benefits and revive the economy, and established agencies such as the Public Utilities Administration, the National Recovery Administration, and the Agricultural Adjustment Administration to reform the economy and banking system. Although the U.S. economy has not fully recovered by this time, some of the programs he has initiated, such as the Federal Deposit Insurance Corporation and the Tennessee Valley Authority, have mature experience.

The Federal Deposit Insurance Corporation, in particular, maintains and enhances public confidence in the nation's financial system by insuring the deposits of banks and thrifts, identifying and monitoring risks in the deposit insurance fund, and limiting the impact on the economic and financial system if banks and thrifts fail.

With so many years of experience, he certainly knew what to do. But this crisis is not the same problem as the last Great Depression, this time the reserves that preserve the value of the dollar have disappeared, that is, the dollar will face a comprehensive depreciation, the consequence of which is the collapse of the national financial system, and the disappearance of credibility between countries, once the United States cannot survive, it will be a catastrophe, and the dollar is less valuable than fiat currency.

He knew that he needed a large amount of gold now, not to deal with those who made exchanges, but to deal with various countries, to keep the exchange rate of the US dollar, even if it was lowered, to reach a bottom line that would not collapse.

But how can gold be so easy to get? The Eurasian Development Bank can provide a sufficient amount of gold loans, even if they don't want the jewelry and artifacts, or give them gold bonds, so that they can join the management of the dollar. But it takes time to get here, and it won't be there in a month. If it is an airplane, not to mention that one is only eight or nine tons, there is no suitable transfer station in the middle.

Morgan Sr. had no choice, and Morgan Sr. could not stop the development of events. This is not a question of three hundred tons of two hundred tons of gold, according to the calculations of the elder Morgan. It now takes at least 500 tonnes of gold to keep countries confident. And his gold has been lent to the Eurasian Development Bank through the guarantee of the United Kingdom, and it is only used to stabilize the situation first, and he does not even have fifty tons in his hand, how can he save the dollar?

Just when Roosevelt was in a hurry, Morgan Sr. called him and recommended him a bank called Centone Bank.

The Shengtong bank has a stable business, and it has been inconspicuous, and they have business dealings with Chase. Shengtong's boss found the old Morgan, personally converted the 500,000 US dollars borrowed from Chase into gold and repaid it, and told the old Morgan that the funds had not been recovered, but on the occasion of this trend, the old Morgan knew that the old Morgan wanted to save the market with a large amount of money, and his bank was too small, although there was gold. I can't get a certain amount of trust, so the hope of saving the market is on Morgan Sr. Only then did the loan be repaid in advance, and the situation of gold was as thin as possible.

Roosevelt heard in the cryptic language of the elder Morgan that there was a hope that perhaps the Jewish-run banks could really save the dollar, and he believed that the banks did not want to see the dollar worthless, and that they would also go bankrupt.

So, all the information of this Shengtong was called. It was discovered that the bank was not large, but it owned two gold mines with an annual output of 30 tons of gold, although it was not a rich mine, but it was also very strong, and it also owned an iron mine in Alaska. Medium in size.

It's a bank that accumulates itself and is ready to rise......

Roosevelt keenly captured this information, and knew that the other party's small scale was not because of his strength, but because he was accumulating strength and preparing to rise.

It is not clear if this humble bank will actually work......

Roosevelt decided to meet the bank's visionary, big-picture boss.

Soon, Roosevelt met with Hardik. He learned from Hardik's words that it was a German Jew. He was not averse to Jews, and he was willing to deal with them, and although they were Germans, this did not delay their communication.

After talking, Roosevelt was taken aback by Hardik's analysis, Hardik was definitely a sharp-eyed banker, financier. He calculated that countries now need the United States to come up with the amount of gold to stabilize the amount of US dollars, which is not much different from the analysis and calculation of the financial people under his hands, that is, 650 tons of gold, which can shut the mouths of various countries.

Roosevelt they calculated 680 tons, which is not much different.

"Mr. Hardik, would you like to help Dollar through this?"

Roosevelt was clever enough to point the key directly at the currency, rather than the US political axe, and had already deliberately revealed that he wanted to put it on the Financial Supervisory Board.

Hardik pondered for a few seconds, then looked up and said, "Mr. President, I don't think I'm sure I'll be able to repay this loan, and I'm still German, so I can't ask for gold bonds as collateral, at least not at the moment." ”

Of course, Roosevelt knew this, and Germany had declared war on them, and it was indeed a bit of a headache for this German bank to be included in the Financial Supervisory Board. He also understood that Hardik was worried that he was German, and that the United States would hack his gold on the grounds that the belligerents would be in the air.

However, regardless of the fear, it was a foregone conclusion that Hardik had six hundred and fifty tons of gold in his hands, otherwise he would not have said such a thing.

He thought for a moment and said, "Mr. Hardik, I think we need a plan that we can trust each other at the moment, I wonder what Mr. Hardik needs us to do to reassure you?" ”

Hardik thought for a while, raised his head and said: "Mr. President, I have these six hundred and fifty tons of gold, or the six hundred and eighty tons you calculated, and the foundation of the five business and the next ten years are here, if the dollar depreciates, I will also be hit hard, but I will not collapse, Mr. President should understand this." ”

Seeing Roosevelt nod, Hardik continued: "I'm a businessman, and I don't get involved in any politics, so I don't mind helping the country I want to develop, but I need Mr. President to give me enough guarantees to lend this loan." ”

"Mr. Hardik, tell me what guarantee I need to be able to borrow this gold."

Roosevelt said very simply.

Hardik didn't groan this time, and said directly: "In view of the current hostility between Germany and this side, I can't ask for gold bonds." You can't ask for regulatory rights in US dollars, so you can only mortgage it in kind. As for the physical object, I am a businessman, and I feel that only land can be used as a guarantee. ”

Land......

Roosevelt's gaze grew cold. This is the bottom line of a country, and the other side wants land. Is it a good collusion with Italy for a long time?

It seemed that Roosevelt had an idea, Hardik did not pause, and continued: "I can provide all the gold loans, but it is useless for me to ask for land, I am a businessman, not a state, so the management of this land is still managed by the American political axe during the mortgage period, I just need a guarantee." For three years, three years, all the management rights of the land are still in the hands of the political axe, and I do not charge any fees, and I do not participate in any management until the end of the three-year loan. ”

That's right......

Roosevelt's face softened slightly. If he does not participate in any management of the land, it is just a mortgage paperwork, and Hardik seems to be only worried that the political axe will not return the money to him when the time comes.

"That. Mr. Hardik, the loan ends for this period. Is the repayment in gold or? ”

Looking at Roosevelt, Hardik nodded and said: "Of course, the principal is gold, and the interest is acceptable if the US dollar exchange rate does not fall by more than 20% of the current price this time." ”

Roosevelt, after thinking about everything in series, felt that this thing was still very reliable. Shengtong did not have ambitions to engulf American land for three years. If the interest is not excessive, it is a normal loan, and if you do not participate in the management, you will not have the idea of profiting from the land, and you will not be able to garrison the army. So, there is no meaning to steal.

If this is the case, this loan can be requested, which is much better than the Eurasian Development Bank has to use jewelry and cultural relics as collateral. If the United States does not pay up to this gold in three years, it means that the United States will become a poor country, and it is unknown whether it can hold on to the land, and if it cannot be redeemed, it can only be recognized.

He has six or seven years of experience in economic recovery, and if there is no big change, it will not be a problem to repay the 650 tons of gold in three years. If the United States fails to earn this gold in three years, it will completely collapse, and there is no point in not repaying the loan.

"Then I wonder what position Mr. Hardik used, or which city as collateral?"

Hardik took a sip of the wine, put down the glass and said, "Mr. President, Alaska is the only option if you mortgage it." The minerals there are worth more than the gold according to my estimates, and as I said, I'm not interested in land management, and I don't think it's worth much, and the land is only needed by the state, so I think the only ones that really reassure me are the minerals. ”

Alaska......

Roosevelt's eyes froze, and his facial expression remained unchanged, and he said: "The total value there is currently more than six hundred and fifty tons of gold, and it is unlikely that the whole of it will be mortgaged." ”

Hardik smiled and said: "Mr. President, I don't need that piece of land, I just want a guarantee, so I won't choose which piece can be exchanged for the loss of my gold, so you can study it and see how feasible the plan is." This is a way I think I can rest assured, and you have to calculate your ability to repay, and I really don't want the gold to become these lands at the end of the day, so for me, I can sell the value of the gold, but I can't sell the gold. ”

"Okay, then we'll talk about it in the afternoon."

Roosevelt understood what Hardik meant. The value of Alaska is no longer the value of $7 million when it was bought, and although it has not yet been stated, a lot of minerals have been discovered there, especially gold, whose value and status in the United States are rising, and it is a matter of time before a state is established.

A piece of land that has not yet been well managed cannot be compared to a city as collateral. If he is asked to take out a city as a mortgage, then he really can't do that, once the outside world knows the news, he can't stand it just the people.

Besides, it is true that as Hardik said, since he is a merchant, there is no value in the properties and streets he wants, and if the political axe breaks his faith and blockades the city, he will not be able to sell the people there, and he will not be worthless at all.

Sending Hardik away, Roosevelt convened a supreme meeting to discuss the loan.

Although they know that the Eurasian Development Bank has provided Britain with countless loans, and that it is the arms companies that finally obtained the gold, they cannot have anything to do with the weapons companies, and an ambitious and powerful force is not something that the United States can rest assured of. As for the Eurasian Development Bank. This bank, which lends money in Britain, Siberia, Central Asia, and the United States, is even more of a businessman, and although it is the first choice, it is far from quenching the thirst of the near.

When I came to the United States for an existential meeting. Dong Ku also received a report from Hardik.

He smiled.

Roosevelt did not directly refuse, which shows that his calculation is not wrong, if the United States wants to keep the dollar, it must have gold reserves for all countries to see in a short period of time, otherwise, it is not a rumor, that is the truth, so it must be solved immediately. Avoid the dumping of countries.

It was only at this time that Liu Ruji knew what Dong Ku was going to do, and she looked at Dong Ku, who did not shy away from him and was laughing and talking with Zuo Boyang, and her heart was full of happiness. A man who can play with the behemoth of the country in the palm of his hand, or his own man, not to mention how wonderful this feeling.

She is a businessman, and of course she knows that her man definitely does not want those interests. He wasn't short of money at all, he just wanted that piece of land.

Zuo Boyang said with a smile: "Captain." How much do you think Roosevelt would have taken out that piece of land as collateral? ”

"7 percent."

Dong Ku said confidently: "At present, the economic crisis has not yet broken out, and he urgently needs gold to protect the dollar, otherwise once the countries lose their trust in the dollar, the United States will be completely finished." When he finished borrowing, the economic crisis broke out completely. At that point, his ability to repay will be minimized, that is, he will not be able to repay. When the outbreak reached its peak, we bought up the bankrupt companies and grabbed them but didn't produce them. Let the unemployment rate reach a new high, accelerate the process of inflation and contraction, and in three months, all hope for them will be completely cut off. ”

He still has four or five billion dollars in his hand and no place to spend it, and when the economic crisis breaks out, those industries that are on the verge of bankruptcy need to be sold urgently, and the price will be the price of cabbage, so he can buy a lot.

Although this move has saved some people, those workers who have lost their jobs due to the shutdown of factories will lead to a sudden reduction in consumption, coupled with the disappearance of the housing market, the disappearance of private money, and the disappearance of private money, will leave most people in the United States with no money to buy other goods except for necessary living expenses.

Of course, Roosevelt would not have realized that the economic crisis was more violent than in 30 years, after all, it was affected by the market at that time, and it was controllable, but it would be artificial, and with the subsequent fueling, it would be impossible to control.

Sure enough, the development of events is just as Dong Ku expected, and the United States will have to come up with enough gold for other countries to see in order to maintain the exchange rate of the dollar. In addition to the gold rush for the population and the construction of the narrow-gauge railroad, the development of Alaska is far from really beginning, and its value has not yet reached the level of large-scale development after the end of World War II. Even the road to Canada has not yet opened, and Alaska is still not too different from the wilderness, although countless minerals have been mined.

Therefore, relative to the importance of the state, this purchased land was finally taken out as collateral to borrow 680 tons of gold from Shengtong for three years.

The negotiations were very simple and fast, Shengtong had no additional conditions, just asked for a mortgage document, and did not even do anything to survey and count, and signed the document according to the area demarcated by the Alaska border provided by the United States.

According to Hardik, that is, he only needs a document, he does not want the United States to end up paying back his gold, he wants gold, not land, let alone investment in the development of the wasteland, which is not in the interests of businessmen.

From negotiation to signing, it took only five hours. Within five hours, the U.S. had made a detailed look at Shengtong, but could not find the location of their gold deposits.

After the contract was signed, they were taken to a manor house on the outskirts of Washington, D.C., where they went underground and saw the gold in a concrete underground vault.

Had it not been for Hardik himself to take them here and into the secret basement, Roosevelt believed that he would not have been able to find the wealth even if he searched all of Washington. Even if Hardik were killed, I am afraid that the gold would become a treasure before it would be discovered in countless years.

Heavily guarded by several trucks, the gold was quickly transported to Washington, where ambassadors were summoned and professionals were dispatched to check the number of unmarked gold bricks, and after a few hours, the precarious dollar was stabilized without panicking.

As the telegrams flew to various countries one after another, Roosevelt breathed a sigh of relief.

The crisis has been over for the time being, and the tide of withdrawals has been curbed. After all, the country's gold is still there, and paying expensive handling fees for gold is equivalent to losing money, so the exchange rate is slowly decreasing, and it is estimated that this echelon trend that is destined to collapse the US economy will be stopped in a day or two.

It's finally over......

All those involved in this breathed a sigh of relief. In one day, like a dream, the situation changed rapidly.

They breathed a sigh of relief, but Dong Ku smiled with the mortgage document.

When Zuo Boyang brought the document, he couldn't believe it, and read it carefully several times before finally confirming that it was true.

"After Alaska, it's no longer America!!"

Dong Ku slammed his fist on the table and said arrogantly.

Zuo Boyang didn't understand this, he was shocked, it was unbelievable that the United States really took out land as a mortgage with just a few actions. For Dong Ku's ability, he sincerely admired. There is also what Dong Ku said about inflation, and eventually the bubble economy will be formed, and then it will collapse, and the United States will fall into an economic depression period that is difficult to recover in a short time. He didn't understand any of this, but he didn't doubt it.

"Captain, the documents are in hand, what should I do next?"

He asked, picking up the papers.

Next......

Dong Ku said with a smile: "The next thing is to watch the excitement, and then send Guo Weiquan's three Q party major cities, major mining areas to prepare to acquire industries, real estate construction is not wanted, factories and minerals are wanted, let these factories stop, manors too, we let it be barren." ”

Lockout...... Barren......

Zuo Boyang seemed to understand, and he was shocked in his heart. This is to put the United States to death! Why does the captain see the United States as more hateful than Japan? Use such a lossy trick against them.

Once he is given the opportunity to divert the attention of the people and have a wartime economy, it will rise quickly, and it will not be a problem to quickly pull back the collapsed economy through war plunder. (To be continued......)